Big Day For AMG, Skyline – Markets Rise – Slowest U.S. Recovery Since WWII – East Coast Braces for Matthew

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Credit: CNN Money.

Noteworthy headlines on CNNMoney – New rules crack down on prepaid cards. VP debate gets smaller audience than 2012, 2008 (DBN coverage here.) U.K. could force companies to list foreign workers. Ford chairman strikes back at Trump criticism.

Some bullets from MarketWatch – Stocks up as energy, financial sectors rally. Airlines and insurers among companies bracing for Hurricane Matthew (ICYMI – for a hurricanes and manufactured housing related report, click here).

Oil up 1.97%. Gold down 0.07.

Three Major U.S. Market Tickers and closing numbers at the bell today…

S&P 500 2,159.73 9.24 (0.43%)

Dow JIA 18,281.03 112.58 (0.62%).

Nasdaq 5,316.02 26.36 (0.50%).

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Image credit, Yahoo, posted for the Daily Business News, MHProNews.

 

The MH Industry – Today’s Risers and Sliders

Top two gainers for the day were Affiliated Managers Group Inc. (AMG) and Skyline Corp (SKY). The top two sliders for the day were Equity LifeStyle Properties (ELS) and Sun Communities Inc. (SUI). Killam and Deer Valley held steady, as those stocks are only being bought/sold periodically, (Notice: ALWAYS look at the date on the Bloomberg chart below, as some stocks aren’t traded daily, etc.).

ELS spotlighted in the latest new report linked here.

Skyline spotlighted in a report linked here.

Sun Communities spotlighted in a report linked here.

Manufactured Housing Composite Value Ticker

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Credit: Yahoo Finance

Note: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

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Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews.

 

Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.  Drew, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(Image credits are as shown above.)

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RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

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